Wholesale inflation surges at fastest rate in 3 years

Welcome back. There are new signs today that inflation remains a threat to the US economy as President Trump's sweeping tariffs take hold. The Labor Department reporting that wholesale prices rose 9/10en of a percent last month, well above Wall Street's estimates.It's also the single largest monthly jump in more than three years. The producer price index or PPI measures inflation before it hits consumers. The report comes two days after the Labor Department reported that prices were up 2.7% in July compared ...